Saturday, April 24, 2010

Forex Market Updates & Commentary

Forex Market Updates & Commentary

Link to Forex News and Commentary by FXDD

Weekend Forex Report: Key Economic Releases and Events

Posted: 23 Apr 2010 01:32 PM PDT

Weekend Forex Report: EURUSD

Posted: 23 Apr 2010 01:17 PM PDT

Weekend Forex Report: GBPUSD

Posted: 23 Apr 2010 01:16 PM PDT

Weekend Forex Report: USDJPY

Posted: 23 Apr 2010 01:15 PM PDT

Weekend Forex Report: USDCHF

Posted: 23 Apr 2010 01:14 PM PDT

Weekend Forex Report: USDCAD

Posted: 23 Apr 2010 01:14 PM PDT

Weekend Forex Report: AUDUSD

Posted: 23 Apr 2010 01:14 PM PDT

Weekend Forex Report: NZDUSD

Posted: 23 Apr 2010 01:13 PM PDT

Forex QUICK: $USDCHF tests key support

Posted: 23 Apr 2010 11:49 AM PDT

Forex QUICK: EURUSD tests 100 hour MA

Posted: 23 Apr 2010 11:34 AM PDT

German Finance Minister on the newswire

Posted: 23 Apr 2010 11:21 AM PDT

German Finance Minister Schaeuble says Euro will be defended and “we will win”.
Also says no German Budget money will be used to help Greece.

Strong words that should help the EURUSD

UK Darling on newswires

Posted: 23 Apr 2010 10:56 AM PDT

He weighs in on Greece saying that lack of Greece plan will hold back confidence and that a plan needs to be done “now”. He seems a bit surprised with the delay.

The NY Midday Forex Commentary is available for viewing

Posted: 23 Apr 2010 09:22 AM PDT

The Midday Forex Video Report looks at the EURUSD, GBPUSD, EURGBP, USDJPY, USDCAD and NZDUSD.

The Greece Relief will not be simple.

Posted: 23 Apr 2010 08:20 AM PDT

The Greece situation will likely take some time to enact. What makes it more tenuous then say a similar relief measure in the USA is that it will require some sort of vote of acceptance by each EU member country before funds can be released. There also is the question of what Greece will do in order to prove they are worthy of the funds and the IMFs requirements.

Needless to say there may be the balking from the “have’s” and the “have not” countries/population which could politicize the aid while this is all taking place. What happens if the German public protest or if Spain, Italy or Portugal find the economic burden a problem.

What the Greeks seem to finally realize is the market will not give them an out via lower debt yields. They have to refund maturing debt in mid-May and at 8% or 9% (or higher) it simply will make matters worse from their debt perspective.

How ever it plays out, I do not think it will come and go quietly.

Forex QUICK: EURUSD surges higher as shorts squeezed

Posted: 23 Apr 2010 07:46 AM PDT

EURUSD squeezes higher as weekend approaches

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